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20121201
20121231
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you guys see, being pros and cons of mr. king's proposal? >> both the cftc and the sec have a role in implementing the volcker rule. i think, the commission hasn't taken any position on this proposal. we're actively engaged with, at a staff level with the agencies, other agencies to move forward with the volcker rule-making, taking into account of enormous number of comment letters we got, 18,000, very complex set of issues but i think we're making a lot of progress, and as a staff person our goal is continue moving forward with the implementation process as expeditiously as we can. >> and though i'm not familiar with the proposed legislation, the volcker rule is one of the more challenging, maybe the most challenging of rules i think the regulators were given, to prohibit one activity, proprietary trading, to help the taxpayers not bear some risk. and yet, permit things that are important in markets. market-making, hedging underwriting and the like. so prohibit one thing, permit another, and then where's the border or bondary between the two? so it is one of the most challenging,
of the nominated books. "the boy kings of texas. " a memoir. domingo martinez is the awe their. mr. martinez now joins us here on the red carpet. this is your story. is that correct? >> it's primarily my story but it's also the story of my family. i go back one generation more and discuss my grandmother's mythology, how she came over to america, and how ultimately her coming across from mexico into america, that sort of spawned this fantastic first generation american story. >> mr. martinez, you were raised in brownsville, texas, right on the border, what was it like during your childhood? >> back then i experienced it as being racially polarized, in a more economic sort of striation, and was very agriculturally based. my parents ran a trucking business that sort of -- basically farm laborers, so kind of a conflicted experience because we would go to school and pretend like we were wealthier than we were, and entirely different, the people who we really are or were, and then we would go home and it was a completely untraditional lifestyle as farm laborers, my brother and myself. my sisters had a
it change when mr. carney takes over? is he the right man >> on paper he's a central banker and as i wrote over the weekend, he like governor king has incredible toughness, work ethic, sxermt teaexpertise. but that's not everything. because if that was the case, everything would be wonderful. one would hope the bank of england governor has those qualities. so the question is can he work effectively with the banking vukts. we have a committee structure now for financial policy and for prudential regulation which the bank of canada does not. more importantly, when you say what are they going dto do, the challenges mr. carney faced as governor of the huang of england were frankly much easier. he deserves credit for not messing it up, but you had a commodity economy with good demographics where the banking system was safe because they had already been through a horrendous financial crisis a few years before and had locked everything down. and then capital in-flows. so nothing that bad could happen to the -- i don't mean to make light of his record, but it's a different set of challenges than w
Search Results 0 to 2 of about 3